Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Victoria Park › Mcmillan St
$1,090,000
Last sold
16 Oct 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
204 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,090,000
16 Oct 2025 · derived via latest_sale
Local land rate: recorded Townhouse sales in Victoria Park (last 5 years) with land size have a median of $5,179/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Victoria Park
-8.6%
Median sale
Suburb $1,192,500
+0.27 pp
Gross yield
Suburb 2.88%
Suburb median $1,192,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 204 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $660/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 204 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Nearby
Area
Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Verse Property GroupPristine, Private, hidden from sight, while just a stones throw from your favourite watering hole.
18B McMillan Street in Victoria Park is exactly that, a true hidden gem, offering secure haven, in 'the heart of the Park'.
Don't hesitate to inspect this impeccably presented picture perfect, discretely located Townhouse quite literally 'around the corner' (< 100m) from Perth's favourite restaurant/cafe/entertainment strip/precinct.
Be spoilt for choice and ease of access while remaining secure and secluded in one of the best positioned, inner urban address's you could find in a Perth property market strained for choice.
Upstairs includes a master suite with renovated ensuite, adjacent lounge/bar and fridge kitchenette and powder room alongside a prestige renovated bathroom for x2 king size guest/bedrooms.
Downstairs, centres around an updated kitchen, refurbished to "as new" condition for sale, central to an open plan lounge/dining onto generous, private courtyard offering surprisingly quiet respite and privacy.
There is everything to like and plenty to love in this rare opportunity to secure a "Ready to move into" prestige, property prospect in Perth's best performing postcode of the last decade.
Presented in arguably "better than brand new" condition, this two storey 3 bed, 2 bath townhouse has professional single/couple/relocating young family and/or savvy inner urban/Perth "bolthole", written all over it...
Be quick to secure this classic, 'one of a kind', Victoria Park Townhouse today.
18b McMillan street in Victoria Park is to be sold by OPENN NEGOTIATION with the final negotiations scheduled* for Monday 6pm on the 8th September*, unless sold prior*.
I.E. THe sellers reserve the right to 'negotiate with a "Sole Bidder" and/or amend the time and/or date of the final negotiations should they deem either to be in their best interest.
Call Julian (0419936202) or Jackson (0420719978) for information and /or inspections or come to one of our scheduled home opens.
Listing description written by Julian Leach, Verse Property Group — reproduced as published, not verified by Districts.